PORTSMOUTH, Va. – Northern Star CU is launching Kasasa rewards savings and checking accounts.
Northern Star CU is offering three Kasasa banking products, including Kasasa Cash, Kasasa Saver and Kasasa Giving. All Kasasa products are free accounts, with no minimum balance, no monthly fees, free online banking and nationwide ATM fee refunds.
Kasasa Cash is a free checking account that pays high interest in cash every month.
Kasasa Saver is a high interest saver account linked to a Kasasa Cash checking account. The high interest and ATM fee refunds earned in the Kasasa Cash account are automatically deposited into the Kasasa Saver account each month. The balance in the Kasasa Saver account also earns a high rate of interest.
Kasasa Giving is a checking account that directs the high interest earned each month to s charity chosen by the account holder. Plus, every time the account holder makes a debit card purchase over a certain amount, an additional contribution will be made to a local charity. Northern Star CU will take care of donating on behalf of the consumer automatically. Consumers can choose to direct their contributions to a national charity, including American Humane Association, Boys & Girls Clubs of America and Stand Up to Cancer or a local charity.
As part of its Kasasa Giving accounts, Northern Star CU will be offering a unique opportunity for members. Houses of Worship is a local giving product where members can pick which religious-affiliated group with which they want to donate their interest. Members do not have to donate to a specific church, but can choose from any church or house of worship.